For Efficiency of Operations and Better Control Over Cash, a Company

question 180

True/False

For efficiency of operations and better control over cash, a company should maintain only one bank account.

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Definitions:

Situational Supports

Resources or assistance available to individuals based on the specific context or circumstances they are in, aiming to provide relief or aid.

Reframing A Situation

The process of changing the perspective or interpretation of a scenario, often with the goal of viewing it in a more positive or constructive light.

Behavioral Resources

Assets or strategies an individual can draw upon to adjust behavior in order to achieve personal or social goals.

Multidimensional Concept

An idea or principle that has multiple aspects or factors contributing to its overall understanding.